BC vs SMG: Correlation
Measured on weekly returns over the past three years, Brunswick Corporation (BC) and Scotts Miracle-Gro Company (The) (SMG) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and SMG?
On 3 years of weekly data the BC/SMG correlation comes out at 0.55, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.44 versus 0.55 over 3 years. The 5-year figure is 0.58, and annualized covariance runs at 768.7 %².
Among the 58 assets we track against BC, SMG ranks #29 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BC ahead by 19.9 points (+21.7% versus +1.8%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BC vs SMG: side by side
| BC (Brunswick Corporation) | SMG (Scotts Miracle-Gro Company (The)) | |
|---|---|---|
| 1-year return | +21.7% | +1.8% |
| 5-year return | -15.3% | -53.4% |
| Volatility (ann.) | 35.8% | 38.9% |
| Beta vs S&P 500 | 1.22 | 0.76 |
| Max drawdown (3Y) | -56.5% | -47.4% |
| Market cap | $5.0B | $3.5B |
| P/E (trailing) | – | 23.4 |
| Dividend yield | 2.18% | 4.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BC | SMG |
|---|---|---|
| 2022 | -27.1% | -68.8% |
| 2023 | +36.9% | +36.9% |
| 2024 | -31.8% | +8.3% |
| 2025 | +18.1% | -8.0% |
| 2026 | +6.2% | +7.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and SMG good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BC and SMG?
As of 2026-08-27, the correlation of weekly returns between BC and SMG is 0.55 over 3 years, 0.44 over 1 year and 0.58 over 5 years.
Is SMG a good diversifier for BC?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bc-vs-smg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bc-vs-smg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BC correlations · SMG correlations
